S3 Partners analyst Ihor Dusaniwsy said Tuesday that short sellers made more than $100 million in profits on their cannabis positions on Monday alone.
Interesting article about the short positions in the cannabis market. Well, they have to cover their shorts at some point, although they're making too much money right now to change. I fear we'll need to see the cannabis market go sideways for awhile before the shorts start taking profits.....
Read the full story here.....
https://finance.yahoo.com/news/14-top-cannabis-stocks-targeted-144719787.html
Cronos Group is around $10.40 right now.....
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